KUALA LUMPUR: Planter Kuala Lumpur Kepong Bhd (KLK) has extended the deadline for minority shareholders in IJM Plantations Bhd to accept its takeover offer to Nov 18.
The RM3.10 a share buyout offer was originally supposed to expire on Oct 25.
KLK in September completed the purchase of a 56.2% stake in IJM Plantations from IJM Corp for RM1.53bil, triggering a mandatory general offer to buyout the remaining shareholders in IJM Plantations.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!